BAM

MKT CAP:$78B

Brookfield Asset Management Ltd.

Market Cap

$78B

Financial Services·Asset Management·🇨🇦 Canada·NYSE

Financials·Asset Management·🇨🇦·NYSE

Stock Price

$47.67-$5.78 (-10.81%)

Apr 24, 2026

Company Details

Brookfield Asset Management is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and...

CEO

Connor David Teskey

IPO Date

Dec 1, 2022

Website

www.brookfield.com

Key Metrics TTM

Revenue

$4.6B

— YoY

Net Income

$2.1B

EPS (Diluted)

$1.31

Free Cash Flow

$1.2B

Revenue / Share

$2.82

Gross Margin

80.7%

Operating Margin

70.2%

Net Margin

45.4%

FCF Margin

27.2%

P/S

17.0x

P/E

37.4x

Earnings Reports

Q1 2026

May 8, 2026

PENDING

FY 2025

Mar 17, 2026

$4.9BEPS $1.55

Q4 2025

Mar 17, 2026

$1.4B+33.2%EPS $0.35

Q4 2024

Mar 17, 2025

$1.1B-5.9%EPS $0.43

Q4 2023

Dec 30, 2023

$1.1B+1.2%EPS $0.25

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 21	$741M	$549M	$520M
Q4 22	$1.1B	$946M	$918M
Q1 23	$1.1B	$755M	$748M
Q2 23	$985M	$727M	$715M
Q4 23	$1.1B	$847M	$828M
Q4 24	$1.1B	$787M	$765M
Q4 25	$1.4B	$1.3B	$918M

Valuation

Quarter	P/S	P/E
Q2 21	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	13.1x	27.1x
Q4 23	14.4x	33.3x
Q4 24	21.7x	45.1x
Q4 25	18.7x	41.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 21	$2.0B	$2.0B
Q4 22	-$4.7B	-$4.7B
Q1 23	-$41M	-$42M
Q2 23	$526M	$523M
Q4 23	$345M	$341M
Q4 24	$387M	$384M
Q4 25	$0	$0

Capital Expenditures

Quarter	CapEx
Q2 21	$0
Q4 22	$7M
Q1 23	$1M
Q2 23	$3M
Q4 23	$4M
Q4 24	$3M
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 23	+52.5%	+36.7%
Q4 24	-4.8%	+49.7%
Q4 25	+34.3%	+62.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 21	-$3M	-0.4%
Q4 22	-$77M	-6.9%
Q1 23	$20M	1.9%
Q2 23	$24M	2.4%
Q4 23	$120M	10.6%
Q4 24	$166M	15.6%
Q4 25	$8M	0.6%

OpEx Breakdown

Quarter	G&A
Q2 21	$29M
Q4 22	$28M
Q1 23	$7M
Q2 23	$12M
Q4 23	$19M
Q4 24	$22M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$2.6B	$0	$2.6B
Q2 22	$2.6B	$0	$2.6B
Q3 22	$2.6B	$0	$2.6B
Q4 22	$1M	$0	$1M
Q1 23	$12M	$0	$12M
Q2 23	$12M	$0	$12M
Q3 23	$12M	$0	$12M
Q4 23	$9M	$0	$9M
Q1 24	$9M	$0	$9M
Q2 24	$10M	$0	$10M
Q3 24	$16M	$0	$16M
Q4 24	$12M	$0	$12M
Q1 25	$332M	$0	$332M
Q2 25	$480M	$0	$480M
Q3 25	$1.1B	$0	$1.1B
Q4 25	$1.6B	$0	$1.6B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 21	1.61B	—	—
Q4 22	1.58B	-1.6%	—
Q1 23	1.61B	+1.8%	—
Q2 23	1.59B	-1.7%	—
Q4 23	1.56B	-1.9%	-3.5%
Q4 24	1.68B	+8.1%	+6.1%
Q4 25	1.63B	-3.1%	+1.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 21	—	—
Q4 22	$5.6K	200K
Q1 23	$5.3K	200K
Q2 23	$4.9K	200K
Q4 23	$5.7K	200K
Q4 24	$4.3K	250K
Q4 25	$5.7K	250K

Revenue / Employee